Taking potshots at Vinod Rai over his comment that placing reports in Parliament can't be the Comptroller and Auditor General's only role, Congress general secretary Digvijay Singh on Friday asked whether the former intended to become the country's prime minister, if not an accountant.
RINL wiped out its losses in 2005-06 with money from the government.
The national trait of exploiting the inherent weakness of democracy is now mirrored within the ICAI too.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.
The crucial service records of Comptroller and Auditor General Vinod Rai are not traceable with the Personnel ministry, an RTI reply has revealed.
The Bharatiya Janata Party on Monday questioned the safety of the Signature Bridge in East Delhi after the Comptroller and Auditor General objected to allowing use of pre-fabricated steel frames imported from China for its construction. "It is a serious issue that there is no mechanism with the Delhi Government to check the quality of material and fabrication work being done in China. This raises concern about the safety of the bridge," BJP leader Vijay Goel said.
Vinod Rai, the Comptroller and Auditor General of India till May and probably the most talked-about government official in the last few years, participated in a Live Chat with readers of Rediff.com on Friday.
With the Comptroller and Auditor General reports providing ammunition to the Opposition to attack the prime minister, Congress on Friday dismissed Bharatiya Janata Party's demand for his resignation while party chief Sonia Gandhi held a "strategy meeting" with senior ministers and party leaders.
The Conflict ruling suggested in the Lodha reforms for BCCI came under criticism from several quarters as they believed it stopped the former cricketers from coming forward to help Indian cricket and cricketers.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
Newly appointed Comptroller and Auditor General Shashi Kant Sharma is is approachable and friendly, not forbidding, say his former colleagues.
The Supreme Court on Thursday agreed to hear a PIL challenging appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.
Outgoing Comptroller and Auditor General Vinod Rai on Tuesday dismissed charges that he was behind the leak of controversial audit reports on 2G spectrum and coal block allocations.
The government is banking on the second round of spectrum auction and customer-centric moves such as free national roaming to rebuild the telecom sector, impacted by controversies and court judgements that have shaken investor confidence.
Terming as "baseless innuendos" the allegations of fraud by her Trust, Law Minister Salman Khurshid's wife Louise launched a scathing attack on activist Arvind Kerjriwal, accusing him of "doing politics using the shoulders of the disabled". She also trashed speculation about her husband resigning over the issue, saying there is no reason why her husband should step down.
Report says ineligible farmers given benefits.
Amid a war of words between the government and the opposition over the recent Comptroller and Auditor General reports, President Pranab Mukherjee on Monday cautioned that attempts by any organ of the state to overreach will unnecessarily lead to dissonance within the system.
Swiss banks seek fresh undertakings from Indians.
A review of three years' audit reports of CAG showed that the state PSUs' losses of Rs 6,072.96 crore (Rs 60.72 billion) were 'controllable' with better management.
Senior Bharatiya Janata Party leader Murli Manohar Joshi on Sunday said that a Comptroller Auditor General inquiry should be conducted into expenditure made during Maha Kumbh Mela at Allahabad.
CAG says Rs 43,270.01 cr was spent by the water resources department on 426 incomplete projects.
The comments by a former official of the Comptroller and Auditor General over the report on 2G spectrum allocation on Friday kicked up a row with Congress President Sonia Gandhi suggesting that the Bharatiya Janata Party had been exposed while the government demanded answers from Parliament's PAC chief M M Joshi over his alleged role.
In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
Under attack from the opposition over the Comptroller and Auditor General report on coal blocks allocation, the government is all set to counter it through a nation-wide campaign by key ministers and partymen.
With Digvijay Singh causing a flutter by targeting Comptroller and Auditor General Vinod Rai and suggesting that he has a political agenda, the government on Friday said there was no need for Constitutional authorities to be "touchy and sensitive" about criticism.
The National Election Watch has said that several companies make political donations, which makes it necessary to probe if the donations have led to any favours. Vicky Nanjappa reports.
Slamming Congress for trying to "weaken" Comptroller and Auditor General by making it a multi-member body, the Baratiya Janata Party on Monday warned that any such move would only 'boomerang' on the party.
We will now get CAG to do the audit for the last 3-4 years, says the secretary.
The Comptroller and Auditor General, which had at the end of its first sitting with RIL in January suspended the audit of spending on the flagging KG-D6 block following differences with RIL over scope and extent of the scrutiny, is likely to resume it next two weeks.
Both Houses of the Parliament were adjourned minutes within the proceedings began on Thursday with the Bharatiya Janata Party-led opposition sticking to their demand for Prime Minister Dr. Manmohan Singh''s resignation over the Comptroller and Auditor General's report on coal block allocations.
The stalemate in Parliament over the Comptroller and Auditor General's report on coal block allocation continues.
The Central Bureau of Investigation is likely to register more than one first information reports in the alleged irregularities in allocation of coal blocks after it came across several cases of violation of norms by state government officials and allottees.
Former chief election commissioner S Y Quraishi on Wednesday suggested an annual compulsory audit of funds and donations received by political parties. "We want that all political funding should be transparent and checked. There should be annual compulsory audits by an independent auditor to be picked up from a panel suggested by the Election Commission," Quraishi said.
Police FIR reveals the bank had replaced 44 loan accounts of HDIL with 21,049 fictitious loan accounts. These 21,049 were actually not created in the core banking solution of the bank, but were mere entities in the advances master indent submitted to RBI for conducting its inspection for the year ended March 2018.
Some of them have ambitious plans to fight the slowdown, while some would seek to revive their image.
The Central Bureau of Investigation, probing the case of amassing allegedly disproportionate wealth by Kadapa MP Y S Jaganmohan Reddy, filed a third chargesheet in the special Central Bureau of Investigation court in Hyderabad on Monday naming him as the prime accused.
Its funds choked by the Supreme Court, an embattled BCCI President Anurag Thakur today steered clear of commenting on the latest diktat by the apex court, saying that he is yet to go through the order.
Agitated over its finding in the coal mine allocation issue, Congress on Monday targeted the Comptroller and Auditor General again by utilising the opinion of the Supreme Court on the 2G spectrum issue. Noting certain observations of the apex court in the 2G case, spokesperson Manish Tewari said, "If the Supreme Court can be so circumspect in its observations, is it not essential that other constitutional bodies, especially the CAG, should follow suit?".
